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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Oil News: Is the Worst Yet to Come for Oil Prices Amid Weak Global Demand?
06:24pm, Saturday, 19'th Oct 2024
China's sluggish demand and OPEC's lowered forecasts drag crude oil prices down. Market outlook remains bearish, with key technical levels in focus.
Oil News: Bearish Oil Outlook as China Demand Weakens, Geopolitical Risks Remain High
02:47am, Saturday, 19'th Oct 2024
China's economic slowdown and record U.S. crude production drive oil prices down. Read the full analysis of global oil demand, production, and market trends.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Moves Lower Amid Demand Worries
02:19pm, Friday, 18'th Oct 2024
China's economic reports did not provide support to oil markets.
Crude Oil Weekly Price Forecast – Crude Oil Falls Hard For The Week
12:14pm, Friday, 18'th Oct 2024
The crude oil markets fell quite a bit during the week, as we are testing a lot of support at the moment. Also, the market continues to see a lot of volatility, but we are also seeing a potential “v
What the Oil Price Reaction to Sinwar's Death Says About the Israel-Iran War
11:50am, Friday, 18'th Oct 2024
Tensions in the Middle East remain high, while economic concerns weigh on crude.
Crude Oil Price Forecast – Crude Oil Continues to Struggle
10:33am, Friday, 18'th Oct 2024
The crude oil market has been struggling in the early hours of Friday, as the market has a lot of questions around the world when it comes to potential demand and global growth. At this point in time,
Oil prices head for biggest weekly drop since early September as demand concerns persist
08:31am, Friday, 18'th Oct 2024
After rising for the first time in five days a day earlier, crude futures resumed their descent on Friday, with prices of the U.S.-traded benchmark briefly breaking below $70 a barrel overnight.
Schlumberger's stock slumps as falling oil prices turn customers cautious
08:20am, Friday, 18'th Oct 2024
Schlumberger's stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.
Oil News: Bearish Oil Outlook as Futures Eye $65.75 Amid Lower Global Demand
07:07am, Friday, 18'th Oct 2024
Crude oil futures dip near $69.21, threatening further declines as bearish trends dominate the market. OPEC's lowered demand forecast adds downside pressure.
Don't Ignore Oil Price Heresies
07:03am, Friday, 18'th Oct 2024
In 1980, my boss M. I. T. professor Nazli Choucri presented the results of her world oil market computer model (which I assisted on) to the Energy Modeling Forum #6 at Stanford, where they were compar
Natural Gas and Oil Forecast: Reversal or Breakdown? Key Resistance Levels to Monitor
02:29am, Friday, 18'th Oct 2024
Oil markets remain volatile as geopolitical risks ease, but demand uncertainty in China raises concerns, keeping prices at risk of further drops.
Oil Edges Higher Amid Geopolitical Tensions in Middle East
08:36pm, Thursday, 17'th Oct 2024
Oil edged higher in the early morning Asian session after Israeli forces killed Hamas leader Yahya Sinwar, the architect of last year's Oct. 7 attack, officials said.
Oil edges up, but on track for biggest weekly loss in over a month
08:33pm, Thursday, 17'th Oct 2024
Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a
Crude Oil Price Forecast: Near Key Support, Eyes Potential Bullish Reversal
05:08pm, Thursday, 17'th Oct 2024
Crude oil hit a new low of 69.86, nearing key support, with potential for a bullish reversal if it climbs above Thursday's high of 71.53.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat As Traders Focus On The EIA Report
02:57pm, Thursday, 17'th Oct 2024
Oil markets are trying to stabilize after the recent pullback.
